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$377,000

NAL Estimated Property Value

311 Josey Ln, Red Oak, TX, 75154

$386,251 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,272 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$162.81 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Purifier, Dishwasher, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan, Tankless Water Heater, Gas Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesFire Pit, Storage
Lot Size25,352 sqft

Building Information

Year Built1985
Stories1
Roof Type105
Garage Spaces5

Land Information

APN00.5418.001.018.00.111
Lot Number18
SubdivisionJosey Acres Ph 2
Land UseResidential
Legal DescriptionLOT 18 BLK 1 JOSEY ACRES PH 2 0.582 AC
Census Tract060218
Assessed Land Value$95,000
Assessed Improvement Value$280,004
Assessment Year2025

About this property

Beautiful Custom Home, no city taxes, no HOA, Red Oak ISD. Designed, built & personal home of a custom home builder, this is a must see home with too many features to describe here. New GAF high def roof, lifetime warranty installed 9-21. Fresh paint throughout and some new carpet, this home is completely move-in ready. Master en suite has a personal gas fireplace & bath has 80 gal jetted tub built for 2. Kitchen has 2 built in microwaves and custom cabinets. This coordinates with built in China cabinet in dining as well as the main living room, brick wood burning fire place with remote gas start. All windows double hung vinyl, replaced 2013. Even the garage is insulated, textured, painted. Come see

Investor Tools

Property Icon
$377,000
Estimated Property Value
$323,924Estimated Mortgage Balance
$53,076Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$386,251
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,262 /month
Positive
Cash Flow Estimate:
$754 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$567/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,915
$375,004
2025
$95,000
$280,004
$375,004
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,915
$375,004

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Conventional
$354,050
No
First
Nov 17, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$323,924
$53,076
14%
86%
$2,123/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$2,123/mo
$-43/mo
6.6%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Red Oak

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311 Josey Ln | Property Details | No Agent List